Equillium, Inc. (EQ) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | -4.3M | -3.13M | -8.43M | -3.01M | -8.17M | -3.3M | -7.66M | 730K | -8.8M | -5.66M | -1.91M | -6.21M | -8M | 27.73M | -13.06M | -11.26M | -12.13M | -10.13M | -7.01M | -6.99M |
| Operating CF Margin % | - | - | - | - | - | -75.11% | -62.96% | 5.27% | -82.33% | -61.49% | -21.52% | -68.12% | -90.04% | 175.93% | - | - | - | - | - | - |
| Operating CF Growth % | 47.35% | 5.03% | -10.11% | -512.74% | 7.17% | 41.75% | -301.1% | 111.75% | -10.07% | -120.43% | 85.39% | 44.8% | 34.11% | 373.61% | -86.38% | -60.98% | -52.74% | -22.78% | -42.45% | -37.68% |
| Net Income | -5.31M | -3.77M | -4.23M | -5.74M | -8.65M | -5.79M | -7K | 468K | -2.73M | -2.34M | -3.71M | -3.34M | -3.94M | 2.77M | -13.65M | -14.13M | -37.42M | -10.62M | -10.28M | -9.16M |
| Depreciation & Amortization | 24K | 23K | 28K | 32K | 33K | 35K | 35K | 35K | 32K | 33K | 31K | 31K | 31K | 32K | 30K | 31K | 25K | 19K | 19K | 17K |
| Stock-Based Compensation | 0 | 737K | 401K | 563K | 621K | 821K | 1M | 952K | 972K | 1.05M | 979K | 934K | 1.04M | 1.05M | 1.19M | 1.3M | 1.3M | 1.15M | 1.15M | 1.06M |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 937K | 76K | -112K | -370K | -63K | -1.16M | -6.87M | -5.39M | -2.26M | -3.04M | -1.95M | -2.55M | -2.48M | 24.89M | 356K | 463K | 23M | 68K | 285K | 224K |
| Working Capital Changes | 49K | -194K | -4.52M | 2.5M | -106K | 2.8M | -1.82M | 4.67M | -4.81M | -1.36M | 2.74M | -1.28M | -2.65M | -1.03M | -985K | 1.07M | 956K | -751K | 1.82M | 859K |
| Change in Receivables | 0 | 0 | 0 | 0 | 0 | 5.01M | 885K | -846K | -1.31M | 34K | -26K | -319K | -586K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 434K | -33K | -4.03M | 1.75M | 381K | -949K | -843K | 1.76M | -1.96M | 1.05M | 607K | -2.66M | 1.73M | 1.5M | -2.61M | 931K | 2.69M | -1.47M | 867K | -482K |
| Cash from Investing | -3K | -32K | 0 | 0 | 4.5M | 6M | 12M | -1.35M | -2.83M | -5.57M | 10.98M | 15M | -25.18M | 6.98M | 15M | 8.69M | -11.98M | -16.89M | 10.47M | 28.97M |
| Capital Expenditures | -3K | -44K | 0 | 0 | -4K | -4K | 0 | -62K | -19K | -35K | -15K | 0 | 0 | -2K | 0 | -54K | -223K | 0 | -34K | -23K |
| CapEx % of Revenue | - | - | - | - | - | 0.09% | - | 0.45% | 0.18% | 0.38% | 0.17% | - | - | 0.01% | - | - | - | - | - | - |
| Acquisitions | 0 | 12K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 700K | 0 | 0 | 700K | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -700K | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Financing | 35.35M | 283K | 30.07M | -16K | 91K | 73K | 0 | 91K | 0 | 79K | -260K | -7.62M | -1.43M | -1.36M | 0 | 141K | 0 | 225K | 174K | 698K |
| Debt Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -7.7M | -1.43M | -1.43M | 0 | 0 | 0 | 0 | 0 | 0 |
| Equity Issued (Net) | 35.35M | 283K | 30.07M | -16K | 91K | 73K | -91K | 91K | 0 | 79K | -260K | 86K | 0 | 73K | 0 | 141K | 0 | 225K | 174K | 698K |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -260K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 0 | 0 | 0 | 0 | 0 | 0 | 91K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Change in Cash | 31.05M | -2.84M | 21.62M | -3.01M | -3.58M | 2.64M | 4.39M | -511K | -11.65M | -11.17M | 8.76M | 1.12M | -34.6M | 33.38M | 1.92M | -2.44M | -24.12M | -26.79M | 3.63M | 22.66M |
| Free Cash Flow | -4.3M | -3.18M | -8.43M | -3.01M | -8.17M | -3.3M | -7.66M | 668K | -8.82M | -5.7M | -1.92M | -6.21M | -8M | 27.72M | -13.06M | -11.31M | -12.36M | -10.13M | -7.04M | -7.02M |
| FCF Margin % | - | - | - | - | - | -75.2% | -62.96% | 4.82% | -82.51% | -61.87% | -21.69% | -68.12% | -90.04% | 175.92% | - | - | - | - | - | - |
| FCF Growth % | 47.34% | 3.81% | -10.11% | -551.05% | 7.33% | 42.04% | -297.97% | 110.75% | -10.31% | -120.56% | 85.27% | 45.06% | 35.3% | 373.59% | -85.48% | -61.22% | -55.55% | -22.33% | -38.72% | -38.13% |
| FCF per Share | -0.04 | -0.03 | -0.24 | -0.08 | -0.23 | -0.09 | -0.22 | 0.02 | -0.25 | -0.16 | -0.06 | -0.18 | -0.23 | 0.81 | -0.38 | -0.33 | -0.39 | -0.34 | -0.24 | -0.24 |
| FCF Conversion (FCF/Net Income) | 0.81x | 0.83x | 1.99x | 0.53x | 0.94x | 0.57x | 1093.86x | 1.56x | 3.22x | 2.42x | 0.51x | 1.86x | 2.03x | 10.00x | 0.96x | 0.80x | 0.32x | 0.95x | 0.68x | 0.76x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |